Banc Transactions, Inc. is a direct Visa® and MasterCard® credit card processor. We serve the payment needs for merchants and merchant associations. Banc Transactions serves the following industries:
- Retail
- Restaurant
- C-store/ petroleum
- Grocery stores
- Hotels
- E-Commerce
- B2B
We are a single source payment processor.
Increasing Revenues
Beyond the benefits of direct Visa MasterCard pricing, when Banc Transactions is your payment processor, we incorporate financial and marketing tools with our payment processing services to dramatically increase your sales. Such services include Bank Transaction’s various retail financing programs, gift and stored value card programs, and corporate and fleet card processing services.
Customer Service
Banc Transactions makes your payment processing easy. Our customer service is second to none. There is 24 hour, 7 day a week customer support. Our statements are easy to read, clear and transparent. There is also real-time internet reporting available. In addition, there is always an assigned agent to your merchant account who will assist you with any need from start to finish.
High Speed Commerce
Fast transactions times and fast deposit times can make a difference in your business’s performance. Making sure your cash flow is uninterrupted is our commitment to you. Banc Transactions utilizes redundant, host capture networks for front end and back end credit card processing. This allows Banc Transactions to fund your merchant account within 24 hours. Additionally, Banc Transactions offers high speed internet communication and satellite communications for those businesses wishing to increase transaction times.
Protecting Against Fraud
Payment processing is not without risk. Card holders and check writers may charge back transactions or pass fraudulent checks. For telephone order, mail order, and e-commerce clients, Banc Transactions protects your business with address verification software programs, and smart internet gateways. Merchants accepting checks will have access to all the national banking databases and networks to protect against fraudulent check writers.
- Apple’s Marketing Head for Vision Pro RetiresApple’s head of marketing for its new headset, the Vision Pro, has retired from his role. Frank Casanova has worked at the Big Tech firm for 36 years, according to a Wednesday (April 24) Bloomberg report. Casanova left the company last week, Bloomberg said, citing an update on his LinkedIn page. Casanova was involved in expanding the iPhone to […]
- Tech-Enabled Solutions Put the Brakes on Returns FraudAn integral aspect of the retail cycle, returns have surged in recent years with the growth of online channels. However, accompanying this increase in returns is a concerning trend: the escalation of returns fraud and policy abuse. According to a report by the National Retail Federation (NRF), retailers encountered various forms of return fraud in the past year. Among […]
- Western Union’s Digital Transactions Surge 13%Western Union’s first quarter results took note of continued shifts to digital channels to send money across borders. Branded digital transactions grew by 13% year over year (YoY), the company detailed in its materials. CEO Devin McGranahan said during the conference call with analysts that consumer money transfer transactions 6% growth rate marked the third […]
- Meta Earnings Announcement Goes Big on AIIf anyone had any doubts about Meta’s long-term commitment to artificial intelligence (AI), they were erased in the first minute of the company’s earnings call on Wednesday (April 24). While analysts were waiting to hear about the return on investment in the technology would bring, CEO Mark Zuckerberg made it clear that AI is on a two-to-three-year development roadmap. AI […]
- UnitedHealth Group Shutting Down Optum Virtual Care Telehealth BusinessUnitedHealth Group is shutting down its Optum Virtual Care telehealth business. Employees were notified of the shutdown on Thursday (April 18), and some were told that their last day would be in July, Seeking Alpha reported Tuesday (April 24), citing a paywalled article by Endpoints News. Reached for comment by PYMNTS, a UnitedHealth Group spokesperson provided an emailed statement saying that the […]
- Update on the Kris Roglieri SagaThe trustee overseeing Kris Roglieri’s Chapter 11 bankruptcy case asked the Court on Tuesday to convert it to a Chapter 7. That’s because among the facts to come out of that and related proceedings thus far is that Roglieri did not ever maintain financial records for his various business entities, has no revenue coming in, […]
- After Tax Day: A Guide for MCA CompaniesDavid Roitblat is the founder and CEO of Better Accounting Solutions, an accounting firm based in New York City, and a leading authority in specialized accounting for merchant cash advance companies. To connect with David or schedule a call about working with Better Accounting Solutions, email [email protected]. Congratulations- you’ve survived Tax Day! About 130 million […]
- Levo Funding Appoints Jenny Merris as New CEOApril 22 – We are delighted to share the exciting news that the Board of Directors of Levo Funding unanimously voted to appoint Jenny Merris as its new CEO. With an extensive background spanning over 18 years in the legal and financial services/FinTech sector, Jenny is a seasoned executive known for her exceptional expertise and […]
- Nominate Yourself to Be on the Small Business Lending Advisory CouncilThe SBA is forming a Federal Advisory Committee to “provide advice and recommendations to SBA on matters relating to small business lending, private sector innovation in the small business lending community, and policy impacting small businesses’ ability to access capital, especially in underserved communities.” The 25-member council will include 17 members that are current or […]
- What We’ve Got for BrokersIf you’re a small business or commercial finance broker, I hope you take advantage of the many resources we’ve put together. With the exception of tickets to our in-person events, everything we put out there is FREE TO CONSUME with no strings attached. In addition to articles, stories, newsletters, and regular product marketing materials, we’ve […]